A Financial Industry Regulatory Authority Inc. arbitration panel has awarded $276,226 to an investor who lost money buying securities in what turned out to be a Ponzi scheme. Independent broker-dealer Quest Capital Strategies Inc. must pay the award for not supervising more closely one of its brokers, Frank R. Dietrich, who sold the investor $400,000 worth of mortgage notes sponsored …
$121,745.56 Arbitration Award on Behalf of Victims of the $1.2 Billion Woodbridge Mortgage Investment Fund Ponzi Scheme
Forest Securities, Inc., Loses Second Woodbridge Case to Go to a Final Hearing Milwaukee, Wisconsin, Arbitration Panel Finds That Broker-Dealer Violated the Securities and Exchange Act of 1934 and the Wisconsin Uniform Securities Law by Failing to Reasonably Supervise a Financial Advisor Working From His Home ST. PETERSBURG, Fla., Nov. 21, 2019 (GLOBE NEWSWIRE) — Goodman & Nekvasil, P.A., announces …